25 January 2017Insurance

SCOR expands US life reinsurance/specialty portfolio with new hires

SCOR has added two new members, David Anderson and Alan Routhenstein, to its life management team in the US, effective February.

Anderson has been appointed as the senior vice president of US life reinsurance, and Routhenstein as senior vice president of financial solutions.

The duo will join SCOR's management team that sets strategic direction and oversees daily operations for company’s life operations in the Americas.

In his new role, Anderson will be responsible for new business development and client centricity initiatives underway at the company. He will report to Brock Robbins, executive vice president and head of US markets.

He most recently served as president of TIAA-CREF Life Insurance Company, and previously held senior leadership roles at Thrivent Financial.

Routhenstein, in his new position, will oversee the expansion of SCOR’s financial solutions business in the US market, also reporting to Robbins and to David O’Brien, the global head of SCOR’s financial solutions line of business.

Routhenstein joins SCOR from Milliman, where he has served as principal and consulting actuary. Prior to this, he worked in investment banking and structured reinsurance with life insurance clients.

JC Brueckner, CEO of SCOR Global Life Americas, said: “Dave and Alan bring experience and expertise that position us to expand our footprint in life reinsurance and specialty areas."

"Both are proven leaders in our industry and, along with the rest of our management team, will continue to build upon our strong position in the US life reinsurance market.”

Robbins added: "Dave’s deep knowledge and understanding of the primary life insurance business and the challenges and opportunities facing carriers today are extremely valuable to us as we execute a more client centric approach to the market."

O’Brien commented: “As a life reinsurance market leader, we recognize the importance of the services we offer in the area of capital management and ROE delivery for our clients.

"We are very fortunate to have Alan lead our Americas Financial Solutions team given his expertise in advising clients on evaluating, structuring and implementing capital management solutions for their life insurance portfolios."

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